About ANS Commerce
ANS Commerce is a company based in Gurugram (India) founded in 2017 by Vibhor Sahare, Sushant Puri, Nakul Singh, and Amit Monga was acquired by Flipkart in April 2022. ANS Commerce has raised $2.52 million across 5 funding rounds from investors including Flipkart, Netcore Cloud and Venture Catalysts. The company has 271 employees as of April 08, 2024. ANS Commerce has completed 1 acquisition, including Asterro. ANS Commerce offers products and services including Kartify, Kartapult, and Flipshop. ANS Commerce operates in a competitive market with competitors including Cart.com, AnyMind Group, BigCommerce, Bazaarvoice and CommerceIQ, among others.
- Headquarter Gurugram, India
- Employees 271 as on 08 Apr, 2024
- Founders Vibhor Sahare, Sushant Puri, Nakul Singh, Amit Monga
- Stage Minicorn
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Sectors
TechnologyRetail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Ans Digital Private Limited
- Date of Incorporation 10 Apr, 2017
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$4.8 M (USD)66.28as on Mar 31, 2023
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Net Profit
-$6.99 M (USD)-274.37as on Mar 31, 2023
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EBITDA
-$6.92 M (USD)-470.15as on Mar 31, 2023
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Total Equity Funding
$2.52 M (USD)
in 5 rounds
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Latest Funding Round
$2.2 M (USD), Seed
Aug 28, 2021
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Investors
Flipkart
& 41 more
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Employee Count
271
as on Apr 08, 2024
- Investments & Acquisitions
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Acquired by
Flipkart
(Apr 19, 2022)
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Products & Services of ANS Commerce
ANS Commerce offers a comprehensive portfolio of products and services, including Kartify, Kartapult, and Flipshop.
Fully customizable platform for brand stores and integrations.
Automated tool for performance marketing on various channels.
Quick tool to create free e-commerce websites in seconds.
People of ANS Commerce
Unlock access to complete
Funding Insights of ANS Commerce
ANS Commerce has successfully raised a total of $2.52M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $2.2 million completed in August 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Seed — $2.2M
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First Round
First Round
(23 May 2017)
- Investors Count 41
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2021 | Amount | Seed - ANS Commerce | Valuation | Gokul Rajaram | |
| Jan, 2021 | Amount | Grant - ANS Commerce | Valuation |
investors |
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| May, 2019 | Amount | Seed - ANS Commerce | Valuation | Shruti Agarwal , Netcore |
Investors in ANS Commerce
ANS Commerce has secured backing from 42 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Flipkart, Netcore Cloud and Venture Catalysts.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Founded Year | Domain | Location | |
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Startup accelerator
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Founded Year | Domain | Location | |
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A startup accelerator offering funding and support to early-stage companies.
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Founded Year | Domain | Location |
Investments & Acquisitions by ANS Commerce
ANS Commerce has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Asterro.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Application development services are provided from Delhi, India.
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2012 |
Financial Statements - ANS Commerce
Ans Commerce Comparisons
Competitors of ANS Commerce
ANS Commerce operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cart.com, AnyMind Group, BigCommerce, Bazaarvoice and CommerceIQ, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Software suite solutions are provided for e-commerce businesses.
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| domain | founded_year | HQ Location |
Platforms for e-commerce, marketing, and manufacturing are provided.
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| domain | founded_year | HQ Location |
SaaS-based software suites for e-commerce operations are provided.
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
AI platform for retail ecommerce management and optimization is provided.
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Frequently Asked Questions about ANS Commerce
ANS Commerce was founded in 2017.
ANS Commerce is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.
Vibhor Sahare is the current CEO of ANS Commerce. They have also founded this company.
ANS Commerce is a funded company, having raised a total of $2.52M across 5 funding rounds to date. The company's 1st funding round was a Seed of $302.55K, raised on May 23, 2017.
As of Apr 08, 2024, the latest employee count at ANS Commerce is 271.
Annual revenue of ANS Commerce is $4.8M as on Mar 31, 2023.
ANS Commerce was founded in 2017 in Gurugram, India, within the e-commerce sector. Solutions are offered to online businesses for managing presence across multiple marketplaces and streamlining operations. Services encompass storefront design, marketplace management, performance marketing, warehouse fulfillment, custom data dashboards, and third-party integrations. End-to-end logistics are handled, including multi-category storage, inventory optimization, order processing, and returns management.
ANS Commerce's top competitors include CommerceIQ, Bazaarvoice and ShopUp.
ANS Commerce offers Kartify, Kartapult, and Flipshop.
ANS Commerce has made 1 acquisition, including Asterro.
ANS Commerce has 42 investors. Key investors include Flipkart, Netcore Cloud, Venture Catalysts, Z Nation Lab, and 100Unicorns.
The valuation of ANS Commerce is $22.48M as of Aug 2021.